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Wednesday , February 1 2023

Business

Oil price rise could lead to improved financial positions of Gulf countries

Creditworthiness will depend on sudden oil gains KUWAIT CITY, Sept 15: The credit rating agency “Moody’s” reported that the rise in oil prices during the …

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Apple, Ministry of Finance reach understanding to activate ‘Apple Pay’ in Kuwait

KUWAIT CITY, Sept 15: Apple has reached an understanding with the Ministry of Finance that allows activating the application of the “Apple Pay” service in …

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Banks obligated to issue clearance certificates to customers

KUWAIT CITY, Sept 14: The Governor of the Central Bank of Kuwait Basel Al-Haroun affirmed that banks are obligated to issue clearance certificates to customers …

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Kuwait ranks last on projects market

KUWAIT CITY, Sept 14: Among the GCC countries and the regionally Kuwait ranked last on the projects market, awarding only $28 million in contracts last …

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EU to ban products made with forced labour

BRUSSELS, Sept 14: The European Commission Wednesday proposed to prohibit products made with forced labour on the EU market. The proposal covers all products, namely …

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Q8Aviation signs TSA with KAFCO to service Kuwait Airport

LONDON, Sept 13: Kuwait Petroleum International – a subsidiary of Kuwait Petroleum Corporation (KPC) – has announced that its aviation fuel affiliate, Q8Aviation, has been …

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Kuwait ‘least strict’ in rate hikes compared to Gulf peers

Future outlook for ME economy still positive KUWAIT CITY, Sept 13: A British institute stated that Kuwait will remain the least strict in the Gulf …

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Subbiya Project in final stages of approvals

KUWAIT CITY, Sept 12: The Al-Subbiya project is expected to be completed within a short period, especially since the project has reached the final stages …

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Kuwait’s Central bank digital transactions increase to 645% since 2016

In-branch transactions decrease by 37% KUWAIT CITY, Sept 12: Some 110 financial digital services had entered the Kuwaiti market due to the flexible auditing approach …

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Tender for purchase & delivery of books to international exhibitions

KUWAIT CITY, Sept 11: The Ministry of Information has proposed a tender to purchase, transfer and deliver books, magazines and publications to exhibitions outside Kuwait …

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